SPDR Gold Shares (NYSEARCA:GLD) Shares Sold by Hudson Capital Management LLC

Hudson Capital Management LLC trimmed its position in shares of SPDR Gold Shares (NYSEARCA:GLD) by 7.8% during the fourth quarter, HoldingsChannel reports. The fund owned 5,529 shares of the exchange traded fund’s stock after selling 469 shares during the quarter. Hudson Capital Management LLC’s holdings in SPDR Gold Shares were worth $1,339,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in GLD. Semmax Financial Advisors Inc. increased its stake in shares of SPDR Gold Shares by 78.7% during the second quarter. Semmax Financial Advisors Inc. now owns 109 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 48 shares during the period. Ashton Thomas Securities LLC purchased a new stake in SPDR Gold Shares during the third quarter worth about $28,000. Capital Performance Advisors LLP purchased a new stake in SPDR Gold Shares during the third quarter worth about $35,000. Pittenger & Anderson Inc. purchased a new stake in SPDR Gold Shares during the third quarter worth about $38,000. Finally, Sugarloaf Wealth Management LLC boosted its holdings in SPDR Gold Shares by 78.9% during the third quarter. Sugarloaf Wealth Management LLC now owns 161 shares of the exchange traded fund’s stock worth $39,000 after buying an additional 71 shares in the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Price Performance

GLD stock opened at $254.43 on Thursday. SPDR Gold Shares has a 52 week low of $183.78 and a 52 week high of $257.71. The company’s 50-day moving average price is $244.25 and its 200 day moving average price is $238.96.

SPDR Gold Shares Company Profile

SPDR Gold Trust (the Trust) is an investment trust. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust’s expenses. The Trust’s business activity is the investment of gold. The Trust creates and redeems Shares from time to time, but in one or more Baskets (a Basket equals a block of 100,000 Shares).